Storyline: The British central bank announced on Thursday that it would cut the interest rate from 4.75 percent to 4.5 ...

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Monetary Policy Committee (MPC) unanimously decided to cut the repo rate by 25 basis points, bringing it down from 6.50% to 6 ...

For consumers, this means that their purchasing power could be eroded, making it more expensive to buy the same goods and ...

The Bank of England voted to reduce the base rate by 25 basis points at the first MPC meeting of the year, as widely ...

The Bank of England has taken the decision to reduce interest rates. At its meeting ending on 6 February 2025, the monetary policy committee (MPC) voted by a majority of seven to two to reduce the ...